Gustavo Arnal, executive vice president and chief financial officer of Bed Bath and Beyond, has been identified as the man who fell from the 18th floor of a New York skyscraper on Friday, according to a report. Arnall, 52, jumped from a tower in Manhattan’s Tribeca section known as the “Jenga Building,” the New York Post first reported, citing police sources. Fox News Digital reached out to Bed Bath and Beyond, but did not immediately hear back. The incident came two days after Bed Bath and Beyond announced it would cut about 20 percent of its corporate and supply chain workforce and close 150 lower-producing stores as part of a broader turnaround plan. NEW STARBUCKS CEO TO REPLACE HOWARD SCHULTZ Bed bath and Beyond Store sign (iStock / iStock) Shares at the time fell more than 20% on the news. Arnal sold 42,513 shares of Bed Bath & Beyond stock worth more than $1,029,000 on August 16th, according to MarketBeat.com . After the transaction, Arnal still owned 267,896 shares in the company, valued at more than $6,488,000. Ticker Security Last change %BBBY BED BATH & BEYOND INC. 8.63 -0.08 -0.92% Arnal previously served as CFO at beauty company Avon and served in multiple executive roles for more than 20 years at Procter and Gamble. GET THE FOX BUSINESS ON THE GO BY CLICKING HERE The “Jenga Building” is 60 stories tall and takes its name from how the intentionally misaligned floors are stacked like the game “Jenga.”